How does the FBI art crime team operate?
hyperallergic.com
hyperallergic.com
(was too long to paste directly)
Google Ngram Viewer for "art market", "art auction", "Christie's", and "Sotheby's":
https://books.google.com/ngrams/graph?content=art+market%2Ca...
So, "yesn't"? It would improve the same aspects of the fine art world if thats what some market participants like art pieces for. You can move more money faster with crypto so if you want to rationalize those movements with NFT purchases - or just attract the people who want to do that but found crypto unrelateable before NFTs - then thats available too.
A lot of these questions evaporate when you use them yourself. Its fun to imagine everything is a wash trade, but when a bot or person bids on your own NFTs and you use that money to pay rent or buy a car, you personally will then understand that the assumption is simply irrelevant. Its like "yeah, sure the NFT space is ripe for money laundering and wash trading, there are also other people buying and selling, the distinction doesn't matter"
Even if the bots are money laundering, hoping to resell art they buy to someone else, are they successfully money laundering? We don't know and its not our problem, so who cares? People worried that the bids will dry up on artwork they own if they attempted to enter the space for investment? Who cares! Thats a risk for everyone in any asset class. Take the risk or don't.
What about all the digital artists getting their art stolen and sold as NFTs? NFTs are hardly a solution to anything, let alone a better solution. There's a disconnect between NFTs and the real world that many of the proponents fail to address.
Same applies to tracking of parts and components in manufacturing, etc.
The digital artist you are referring to is not using NFTs so they have no experience, it doesnt refute the point. The market is saying they should. They can ignore the market its a choice.
The plagiarism is done faster? Shrug
Surely you're joking. Not only can't you steal a bunch of digits; even more importantly, you can't sell them "as an NFT" since what's getting sold is not the thing the NFT is a hash of. At least to my knowledge, there's never been any property rights implications of an NFT transaction in any country.
Criminal money laundering charge requires an illicit origin, while there are plenty of non-illicit origins that would prompt someone to want to obfuscate it. Those people can do that successfully. But for the criminals its not clear if they are successful.
Regardless, I think better information is useful too. You can always use your clean savings and salaried earnings and buy some random small cap crypto, and then use your dirty money to pump that crypto, and sell your clean savings at a profit and just book the capital gains. This is likely happening a whole lot by now.
The dirty money just is held in Tornado.cash and then exits Tornado.cash to a virgin address which acts as any random trader in the new crypto being pumped.
People do this in the stock market too, they just have to go the extra step of making brokerage accounts with someone else's ID. I've also read about people that never cash out and just keep operating as the stolen identity, while the banks and governments believe there is no illicit money in the capital markets (yeah because it all passed KYC!). It's not like you would know if someone had made another bank or brokerage account in your name. But at least with crypto coin pump laundering nobody has the risk of getting framed.
Feels a bit like it is a zero sum game to me.
Spending millions to chase tax money is just the machine feeding itself. No one is harmed when a Picasso changes hands without a percentage being handed to the local burocracy. Last I checked we still have rampant crime in all the inner cities the world over. Fix that first.
Jokes aside, taxes are an awesome social construct that should fund many essential things that citizens need such as a stable infrastructure, utilities, healthcare, public education, etc. The problem is that you can't really choose how you want your taxes to be spent, since the popular thing is to elect someone else to (mis)manage the taxes for you.
Government mismanagement and corruption is pervasive at all levels - city, state and federal. I live in a high COL area with high taxes, yet the roads, schools, and other publicly funded things are trash. It's crystal clear that the money I pay in taxes is not being spent appropriately, so it's no wonder people try to avoid paying taxes altogether.
We need an elective tax system that lets you choose where you want the tax money to be funneled. For a simple and naïve example, say you have a flat 20% federal tax, that lets you pick which public institutions you want the funds to be delivered to. Maybe 5% to NASA, 5% to veterans, and the remaining 10% could be left up to the government to decide. This would be an example of "voting with your wallet," but it's just a fantasy. The government will never give that kind of power to us.
So to this I say, just keep paying your taxes like the model citizen that you are, and don't question it! I hope you have fun paying the government forever on any private property or income that you have, since you have no choice. It's not your fault that you don't have a choice either, since it was robbed from you. You were born into circumstance. Almost all land on earth has been claimed by governments or private entities, so you have no where left to turn. Just by virtue of being alive, you owe the government overlords for all of your creature comforts: the water you drink, the land you live on, the food you eat, the hole you shit in, and so much more. They will steal your labor in exchange for pieces of paper that will ultimately find their way right back to them.
In this system how would we manage a situation where some organizations are over funded to a drastic degree (though who decides that?) and other vital services (and who decides what is vital?) are underfunded? I'm not convinced that the American people could come together and vote with our wallets in a way that results in a balanced budget.
Edit: I shouldn't have specified American, I'm sure plenty of countries would struggle with this :)
It's a tragedy that an invaluable public resource like Wikipedia is forced to do pledge drives, while at the same time, the government spends trillions on defense against the better wishes of practically the entire population.
I think I'd be comfortable giving the people some financial autonomy to try to change such a messed up situation. After all, you can't truly say that something works until you test it out.
What you need are leaders with the countries best interests at heart.
How do we solve for that?
These two statements are opposites.
What you want is this tautology
p → q ⟺ ¬p ∨ q
Pix present => no theft happened, no pix => theft happened. It's xor rather than logical implication.
Pedantry is kewl.
This is the definition of xor, but it does not appear to be related to any of your previous comments.
> Pedantry is kewl.
OK.
These three pages are especially useful:
http://xahlee.info/comp/unicode_arrows.html
https://www.johndcook.com/blog/math_symbols/
https://en.wikipedia.org/wiki/Blackboard_bold
[1] "vee" because the LaTeX command is \vee. That said, "unicode oplus" didn't work well.